Duluth Building Trades Welfare Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 26,433,879 | 24,201,552 | 2,232,327 | 15.7 | 0% |
| 2012 | 17,084,901 | 21,171,758 | −4,086,857 | 19.9 | 0% |
| 2013 | 11,382,323 | 10,707,286 | 675,037 | 41.1 | 0% |
| 2014 | 11,626,342 | 12,244,524 | −618,182 | 35.5 | 0% |
| 2015 | 12,517,523 | 12,510,804 | 6,719 | 33.8 | 0% |
| 2016 | 11,493,493 | 13,629,131 | −2,135,638 | 30.2 | 0% |
| 2017 | 12,440,956 | 13,727,011 | −1,286,055 | 29.7 | 0% |
| 2018 | 13,232,646 | 15,135,886 | −1,903,240 | 24.1 | 0% |
| 2019 | 14,877,050 | 16,113,164 | −1,236,114 | 23.1 | 0% |
| 2020 | 14,147,975 | 12,403,335 | 1,744,640 | 33.5 | 0% |
| 2021 | 16,928,009 | 16,842,727 | 85,282 | 24.9 | 0% |
| 2022 | 19,317,621 | 16,683,792 | 2,633,829 | 22.1 | 0% |
| 2023 | 18,902,094 | 16,898,474 | 2,003,620 | 24.8 | 0% |
In its most recent public year (2023), this organization brought in $2,003,620 more than it spent. Its reserves stood at about 24.8 months of spending, up from 15.7 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Duluth Building Trades Welfare Fund's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works